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Rolls-Royce recovery revs up, but CEO stays cautious

Wednesday, August 2, 2017 - 05:50

London

WARREN East's reboot of struggling industrial giant Rolls-Royce Holdings Plc gathered pace as the aircraft-engine maker's first-half profit more than doubled, aided by the chief executive's restructuring plan.

At the same time, Mr East left his 12-month outlook for "modest"

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